Market capitalization remains the best correlation for total chief executive officer compensation for property-casualty insurance industry executives, Bank of America advised.
Brian Meredith, the bank's property-casualty insurance analyst, in a report last week said the figure that multiplies the stock price times the share outstanding is particularly relevant when correlating annual cash bonuses.
"There was little if any correlation with return on equity, book value growth, operating earnings/earnings per share, premiums/revenues and combined ratio," Mr. Meredith wrote.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
